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India recession: Risks of recession may reappear in 2024: India's Finance Ministry

India s Finance Ministry has said a recession may appear in 2024 due to uncertainties related to higher food and energy prices and geopolitical tensions. India s trade deficit reached a record high in October due to higher-value imports and lower exports. Rural demand has sustained momentum in Q2, driven by stable foodgrain production incomes and moderate inflation. ....

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Recession 'increasingly likely' in UK: Private sector faces rapid job cuts, fuelling concerns

Britain’s private sector companies shed workers at the fastest pace since the pandemic and the depths of the financial crisis more than a decade ago, adding to the risk of a recession. ....

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Nifty may touch 20,500 by 2023, US recession unlikely, says BofA Securities. Brokerage underweight, overweight on these sectors, what should investors do?

Nifty target 2023: Global brokerage BofA Securities expects Nifty to increase further to 20,500 by December 2023 after its US economics team recently modified their perspective from one of a mild recession to one of no recession in the US. Watch this Visual Story to see Nifty earnings growth estimates, sectors to avoid, stocks to pick, and more. ....

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Electricity, coal, petroleum products, natural gas consumption figures indicate India far from recession

Electricity, coal, petroleum products, natural gas consumption figures have indicated that India is far from any recession. This comes at a time when a worldwide slowdown or recession is a real possibility, given the current state of the global economy. Business Today Magazine s The Point decodes the latest consumption figures for coal, petroleum products, natural gas and electricity to showcase how the Indian economy is faring. ....

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Why economists are forecasting a 'partial recession' for India in coming quarters

The current trajectory of the economy is very strong that’s reflected in very strong numbers of tax collections, car sales, airline traffic and a whole range of indicators but given that interest rates in India and globally are going up, export numbers are staring to weaken quite meaningfully now, say economists. ....

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